The Latest Consumer-Spending Report, Explained | WSJ

Shopper spending fell 7.5% in March, prompting additional considerations concerning the affect of the coronavirus pandemic on the financial system. Right here’s why shopper spending is so necessary and the way it can sign if the nation is heading towards a recession. Photograph: Getty Pictures

Extra from the Wall Avenue Journal:
Go to WSJ.com: http://www.wsj.com
Go to the WSJ Video Middle: https://wsj.com/video

On Fb: https://ift.tt/2tse5gr
On Twitter: https://twitter.com/WSJ
On Snapchat: https://on.wsj.com/2ratjSM

#WSJ #Financial system #Explained

%d bloggers like this: